Flagler County Sheriff Staly helps drive new law targeting crypto ATM fraud

Florida House Bill 505, signed into law in June 2026, mandates cryptocurrency kiosk operators to register with state regulators, display fraud warnings, implement blockchain analytics to block criminal transfers, cap daily transactions, and provide 72-hour refunds for fraud victims. The law addresses $2.75M+ in crypto ATM fraud from Flagler County alone, predominantly targeting seniors.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.